A substantial part of the high investment required in the chemical industry is for equipment, machines, and tools that are used to process chemicals. Chemical plants use specialized equipment, units, and technology to manufactur ....see more
The extruders market is expected to grow from USD 9.3 billion in 2021 to USD 11.5 billion by 2026, at a compound annual growth rate (CAGR) of 4.4% during the forecast period.The key market players profiled in the report include The Japan Steel Works Ltd. (Japan), Hilenbrand Inc. (US), Shibaura Machine Co. Ltd (Japan), KraussMaffei Group GmbH (Germany), Battenfeld-Cincinnati (Germany), NFM (US), Clextral (France), and Leistritz AG (Germany)
The global CNG, RNG, and hydrogen tanks market is anticipated to grow from USD 2.4 billion in 2022 to USD 3.8 billion by 2027, registering the CAGR of 9.8% during the forecast period. Worthington Industries, Inc. (US), Luxfer Group (UK), Hexagon Composites ASA (Norway), Quantum Fuel Systems LLC. (US), Everest Kanto Cylinders Ltd. (Mumbai), Praxair Technologies Inc. (US), Avanco Group (Germany), Xinyi Beijing Tianhai Industry Co. Ltd. (China), Lianyungang Zhongfu Lianzhong Composites Group Co. Ltd. (China), Faber Industrie SpA (Italy), are some of the key players in the CNG, RNG, and hydrogen tanks market. These players have taken different organic and inorganic developmental strategies over the past five years.
The Coating Equipment Market is expected to grow from USD 18.9 Billion in 2021 to USD 24.7 Billion by 2026, at a CAGR of 5.6% during the forecast period. The demand for coating equipment is mainly catered by global players manufacturing automobiles. IHI Corporation (Japan), Nordson Corporation (U.S.), OC Oerlikon Management AG (Switzerland), SATA GmbH & Co. KG (Germany), Graco Inc. (U.S.), ANEST IWATA Corporation (Japan), ASAHI Sunac Corporation (Japan), and WIWA Wilhelm Wagner GmbH (Germany), are the key players operating in the coating equipment market. Expansions, acquisitions, joint ventures, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the coating equipment market.
The commercial refrigeration equipment market is expected to grow from USD 32.0 billion in 2021 to USD 43.3 billion by 2026, at a compound annual growth rate (CAGR) of 6.2% during the forecast period.Carrier (US), Emerson Electric Company (US), Daikin (Japan), Danfoss (Denmark), and GEA Group (Germany).
The Electrical Conduit Market is expected to grow from USD 6.5 billion in 2021 to USD 9.1 billion by 2026, at a compound annual growth rate (CAGR) of 6.9% during the forecast period.Atkore International Group Inc. (US), Hubbell Incorporated (US), Legrand S.A. (France), Schneider Electric SE (France), and Sekisui Chemical Co., Ltd. (Japan) among others.
The global fire-resistant cable market size is projected to reach USD 2.1 billion by 2026, at a CAGR of 3.3% during the projected period. The fire-resistant cable market is dominated by a few globally established players, such as Prysmian Group (Italy), Nexans S.A. (France), NKT Group (Denmark), LEONI AG (Germany), LS Cable & System Limited (South Korea), and Elsewedy Electric Company (Egypt), amongst others.
The global Shape memory alloys market is expected to grow from USD 11.0 billion in 2021 to USD 18.8 billion by 2026, at a compound annual growth rate (CAGR) of 11.2% during the forecast period.SAES Getters (Italy), ATI Specialty Alloys & Components (US), Furukawa Electric Co., Ltd (Japan), Nippon Steel & Sumitomo Metal (Japan), and Johnson Matthey (UK).
The global lithium-ion battery anode market size is projected to reach USD 21.0 billion by 2026, at a CAGR of 19.9% during the forecasting period. The key players in the lithium-ion battery anode market include Showa Denko Materials (Japan), JFE Chemical Corporation (Japan), Kureha Corporation (Japan), SGL Carbon (Germany), Shanshan Technology (China), and POSCO CHEMICAL (South Korea). The lithium-ion battery anode market report analyzes the key growth strategies adopted by the leading market players between 2017 and 2021, which include expansions, investments, and mergers & acquisitions.
The global HVAC linesets market is expected to grow from USD 7.1 billion in 2021 to USD 11.4 billion by 2026, at a compound annual growth rate (CAGR) of 10.0% during the forecast period.Daikin (Japan), Halcor (Greece), Hydro (Norway), KME SE (Italy), Mueller Streamline Co. (US), Cerro Flow Products LLC (US), JMF Company (US), Zhejiang Ice Loong Environmental Sci-Tech Co., Ltd (China), Feinrohren S.p.A. (Italy), DiversiTech Corporation (US), Foshan Shunde Lecong Hengxin Copper Tube Factory (China), Zhejiang Hailiang Co., Ltd. (China), Linesets Inc. (US), Cambridge-Lee Industries LLC (US), HMAX (US), ICool USA, Inc. (US), PDM US (US), MM Kembla (Australia), Mandev Tubes (India), Uniflow Copper Tubes (India), Kobelco & Materials Copper Tube Co., Ltd. (Japan), Mehta Tubes Limited (India), and Klima Industries (South Korea).
The sprinkler irrigation systems market is expected to grow from USD 7.7 billion in 2021 to USD 10.3 billion by 2026, at a compound annual growth rate (CAGR) of 6.2% during the forecast period.Honeywell International Inc. (US), Siemens Group (Germany), Emerson Electric Co. (US), ABB Ltd. (Switzerland), Yokogawa Electric Corporation (Japan), Azbil Corporation (Japan), Badger Meter, Inc. (US), Endress+Hauser Management AG (Switzerland), Krohne Messtechnik GmbH (Germany), and Schneider Electric (France).
The Steel Wire Rope & Plastic Rope Market is expected to grow from USD 11.9 billion in 2021 to USD 17.5 billion by 2026, at a CAGR of 8.0% during the forecast period. The key players in the steel wire rope & plastic rope market include Cortland Limited (US), WireCo WorldGroup Inc., (US), Samson Rope Technologies (US), Southern Ropes (South Africa) and English Braids Ltd. (UK), are some of the key players in the steel wire rope & plastic rope market. Marlow Ropes (UK), Teufelberger Holding AG (Austria), Bekaert SA (Belgium), Usha Martin (India) and Gustav Wolf (Germany) are among others. These companies are involved in adopting various inorganic and organic strategies to increase their foothold in the steel wire rope & plastic rope market. These players have taken different organic and inorganic developmental strategies over the past five years.
The Plastic Injection Molding Machine Market is expected to grow from USD 8.9 billion in 2020 to USD 10.6 billion by 2025, at a CAGR of 2.74% during the forecast period. The key market players profiled in the report include Kuraray Co. Ltd. (Japan), San Fang Chemical Industry Co. Ltd. (Taiwan), Teijin Limited (Japan), Mayur Uniquoters Limited (India), NAN YA plastics corporation (Taiwan), Filwel Co. Ltd. (Japan), Zhejiang Hexin Industry Group Co., Ltd. (China), Alfatex N.V. (Belgium), H.R. Polycoats Pvt. Ltd. (India), and Yantai Wanhua Synthetic Leather Group Co. Ltd. (China).
The welding materials market is projected to reach USD 17.3 billion by 2025, at a CAGR of 4.8% during the projected period. The welding materials market is dominated by a few globally established players, such as Colfax Corporation (US), Air Liquide S.A. (Framce), Air Products & Chemicals (US), Illinois Tool Works (US), Linde PLC (UK), Lincoln Electric Holdings (US), Tianjin Bridge Welding Materials Group (China), and Kobe Steel (Japan), among others.
The global high purity methane gas market is expected to grow from USD 6.8 billion in 2020 to USD 8.8 billion by 2025, at a compound annual growth rate (CAGR) of 5.2% during the forecast period.Osaka Gas (Japan), Sumitomo Seika (Japan), Linde Plc (Ireland), Air Liquide (France), and Matheson Tri-Gas Inc. (US). are the leading high purity methane gas manufacturers, globally.
The global industrial gaskets market size is projected to reach USD 11.6 billion by 2025, at a CAGR of 5.2% during the forecasting period. The key players in the industrial gaskets market include Klinger (Austria), Teadit (US), Flexitallic (US), Garlock (US), W.L.Gore (US), Spira Power (UAE), Lamons (US), Donit (Slovenia), Goodrich Gasket (India), and James Walker (UK). These players have established a strong foothold in the market by adopting strategies, such as investments & expansions, and mergers & acquisitions.
The Data Center Cooling Market is expected to grow from USD 9.4 billion in 2020 to USD 15.7 billion by 2025, at a CAGR of 10.7% during the forecast period. Asetek (Denmark), STULZ GmbH (Germany), Coolcentric (US), AdaptivCOOL (US), Airedale International (UK), Rittal GmbH & Co. KG (Germany), Nortek Air Solutions, LLC (US), Schneider Electric SE (France), Vertiv Holdings Co. (US), Black Box Corporation (US), and Munters Group AB (Sweden) are the key players in data center cooling market.
The global catalyst handling services market size is projected to reach USD 510 million in 2020 from USD 620 million by 2025, at a CAGR of 4.0% during the forecast period.include Mourik (Netherlands), Anabeeb (Saudi Arabia), Dickinson Group of Companies (South Africa), CR Asia (Thailand), Catalyst Handling Resources (US), Technivac (UK), Cat Tech (UK), Buchen-ics (Germany), and Kanooz Industrial Services (Saudi Arabia)
The photonics market is projected to reach USD 837.8 billion by 2025, at a compound annual growth rate (CAGR) of 7.1 % during the forecast period. The key companies profiled in the Photonics market research report are Signify (The Netherlands), Shin-Etsu Chemical Company (Japan), Nikon Corporation (Japan), SCHOTT (Germany), Hoya (Japan), Corning (U.S), American Elements (U.S), Ohara (Japan), Asahi Glass, II-VI (U.S).
The global mist eliminators market size is projected to grow USD 1,159 million by 2025, at a CAGR of 4.0% during the forecasting period. Sulzer Ltd. (Switzerland), CECO Environmental Corp.(US), Munters Group AB (Sweden), Koch-Glitsch LP (US), DuPont de Nemours, Inc.(US), Kimre Inc. (US), Hilliard Corporation (US), Monroe Environmental Corporation (US), and Begg Cousland Envirotec Limited (Scotland) are the key players operating in the mist eliminators market. Expansions, acquisitions, joint ventures, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the mist eliminators market.
The installed base global dual chamber syringe (DCS) filling machine market size is expected to grow USD 381 million by 2025, at a CAGR of 8.2% during the forecasting period. Syntegon Technologies (Germany), Prosys Servo Filling Systems (US), Dara Pharmaceutical Packaging (Spain), TurboFil Packaging Machines (US) are the key players operating in the dual chamber syringe (DCS) filling machine market. New product developments are the major strategy adopted players to enhance their positions in the dual chamber syringe (DCS) filling machine market.
The global froth flotation equipment market size is expected to grow USD 375 million by 2025, at a Compound Annual Growth Rate (CAGR) of 6.0% during the forecast period. Major vendors in the froth flotation equipment market include Metso Outotec (Finland), JXSC (China), FLSmidth (US), Eriez Flotation (US), Yantai Jingpeng Mining Technology (China), SGS (Switzerland), Shandong Xinhai Mining Technology & Equipment (China), Tenova (Italy), Della Toffola (Italy), Prominer (China), EWAC (Czech Republic), Henan Fote Heavy Machinery (China), Shanghai Joyal Machinery (China), Westpro (Canada), and Zoneding (China).
The global dewatering equipment market size is expected to grow USD 5.4 billion by 2025, at a CAGR of 4.4% during the forecasting period. Alfa Laval AB (Sweden), Andritz AG (Austria), Veolia Environnement SA (France), HUBER SE (Germany), Gruppo Pieralisi (Italy), Hitachi Zosen Corporation (Japan), Evoqua Water Technologies Corp. (US), SUEZ (France), GEA (Germany), Mitsubishi Kakoki Kaisha, Ltd. (Japan), Dewaco Ltd. (Finland), PHOENIX Process Equipment (US), Aqseptence Group (Germany), Flo Trend Systems, Inc. (US), Hiller GmbH (Germany), EMO (France), Kontek Ecology Systems Inc. (Canada), AES Arabia Ltd. (Saudi Arabia), ENCON Evaporators (US), Geofabrics Australasia Pty. Ltd. (Australia), and TenCate Geosynthetics Americas (US) are some of the leading players operating in the dewatering equipment market.
The Small-Scale LNG Market is expected to grow from USD 2.3 billion in 2020 to USD 2.6 billion by 2025, at a CAGR of 2.6% during the forecast period. The Linde Group (Germany), Wartsila Corporation (Finland), Honeywell International Inc. (US), General Electric (US), Engie (France), and Gazprom (Russia) among others are the key players operating in the small-scale LNG market.
The COVID-19 Impact on Gas Sensors Market is expected to grow from USD 1,025 million in 2020 to USD 1,016 million by 2021, at a CAGR of -0.9% during the forecast period. Honeywell Analytics (US), MSA Safety (US), Amphenol (US), Figaro (Japan), and Alphasense (UK) are some of the leading gas sensors market players benefitting due to rise in demand in this COVID-19 scenario. Donations, increased production, supply chain remodeling, and new product development were the major growth strategies adopted by the market players during this period to enhance their regional presence and meet the growing demand for gas sensors in the affected regions.
The automotive headliner market is expected to grow from USD 16.6 billion in 2020 to USD 20.4 billion by 2024 at a compound annual growth rate (CAGR) of 4.2% during the forecast period.Grupo Antolin-Irausa, S.A. (Spain), Motus Integrated Technologies (US), Toyota Boshoku Corporation (Japan), Kasai North America, Inc. (US), International Automotive Components Group SA (Luxembourg), Howa Co., Ltd. (Japan), UGN, Inc. (US), SA Automotive (US), Hayashi Telempu Corporation (Japan), Freudenberg Performance Materials (France), Inteva Products, LLC (US), and IMR-Industrialesud Spa (Italy) are some of the players operating in the global automotive headliner market.
The biological wastewater treatment market is expected to grow from USD 8.7 billion in 2020 to USD 11.1 billion by 2025, at a compound annual growth rate (CAGR) of 5.1% during the forecast period.Companies such as Veolia (France), and Suez Water Technologies & Solutions (France), Aquatech International (US), Evoqua Water Technologies LLC (US), Ecolab Inc. (US), Pentair plc (US), Xylem Inc. (US), Samco Technologies, Inc. (US), and Dryden Aqua Ltd. (India), and DAS Environmental Expert GmbH (Germany) are the major players in the biological wastewater treatment market.
The brazed plate heat exchangers market is expected to grow from USD 799 million in 2019 to USD 1,120 million by 2024, at a compound annual growth rate (CAGR) of 7.0%. during the forecast period.The major vendors in the BPHEs market are Alfa Laval (Sweden), Kelvion (Germany), SWEP (Sweden), Danfoss (Denmark), Xylem (US), API Heat Transfer (US), Chart Industries (US), Hisaka Works (Japan), Kaori (Taiwan), Paul Mueller Company (US), Baode Heat Exchanger (China), Barriquand Group (France), Boyd Corporation (US), Diversified Heat Transfer (US), Funke (Germany), HRS Heat Exchangers (UK), HYDAC (Germany), Onda (Italy), Secespol (Poland), and Weil-McLain (US).
The vacuum evaporators market is expected to grow from USD 2.2 billion in 2019 to USD 3.1 billion by 2024, at a compound annual growth rate (CAGR) of 6.9% during the forecast period.Veolia Water Technologies (France), Condorchem Envitech (Spain), Eco-Techno S.r.l. (Italy), SUEZ Water Technologies & Solutions (France), GEA Group AG (Germany), H2O GmbH (Germany), De Dietrich Process Systems (France), Sanshin Mfg. Co., Ltd. (Japan), Lenntech (Netherlands), Saltworks Technologies Inc. (Canada), Bucher Unipektin (Switzerland), Alfa Laval (Sweden), SPX Flow Inc. (US), JEOL Ltd. (Japan), Samsco Corporation (US), Praj Industries Limited (India), Encon Evaporators (US), S.A.I.T.A. Srl (Italy), and KMU LOFT Cleanwater GmbH (Germany) are some of the leading players operating in the vacuum evaporators market. These players have adopted growth strategies such as new product launches, partnerships, and agreements to enhance their position in the market.
The graphene battery market is expected to grow from USD 168 million in 2024 to USD 609 million by 2030, at a compound annual growth rate (CAGR) of 23.9% during the forecast period.Samsung SDI (South Korea), Huawei Technologies Co., Ltd. (China), Log 9 Materials Scientific Private Limited (India), Cabot Corporation (US), Grabat Graphenano Energy (Spain), Nanotech Energy (US), Nanotek Instruments, Inc. (US), XG Sciences, Inc. (US), ZEN Graphene Solutions Ltd. (Canada), Graphene NanoChem (Malaysia), Global Graphene Group (US), Vorbeck Materials Corp. (US), Graphenea Group (Spain), Hybrid Kinetic Group Ltd. (Hong Kong) and Targray Group (Canada) are some of the leading players operating in the graphene battery market.
The north America water storage systems market is expected to grow from USD 3.4 billion in 2019 to USD 4.1 billion by 2024, at a compound annual growth rate (CAGR) of 4.4% during the forecast period.Key players in the North America water storage systems market are CST Industries, Inc. (US), McDermott International Inc. (US), Containment Solutions Inc., (US), DN Tanks (US), Caldwell Tanks (US), Synalloy Corporation (US), and 11 others considered for the study.
The cryogenic tanks market is expected to grow from USD 6.2 billion in 2019 to USD 8.1 billion by 2024, at a compound annual growth rate (CAGR) of 5.5%. during the forecast period.The key players in cryogenic tanks market are Chart Industries (US), Cryofab (US), INOX India (India), Linde PLC (UK), Air Products (US), Cryolor (France), Air Water (Japan), Wessington Cryogenics (UK), FIBA Technologies (US), and ISISAN (Turkey). These players have established a strong foothold in the market by adopting strategies, such as expansion, new product launch, and merger & acquisition.
The variable air volume (VAV) systems market is expected to grow from USD 11.8 billion in 2019 to USD 16.0 billion by 2024, at a compound annual growth rate (CAGR) of 6.3% during the forecast period.Ingersoll Rand (Ireland), Honeywell International Ltd (US), United Technologies Corporation (US), Daikin Industries Ltd. (Japan), Johnson Controls (US), Siemens (Germany), Emerson Electric Co (US),TROX (Germany), DAIKIN INDUSTRIES, Ltd., (Japan), KMC Controls (US), and Barcol Air Ltd. (Switzerland) are the key players operating in the variable air volume (VAV) systems market.
The Variable Air Volume Box Market is expected to grow from USD 4.7 billion in 2019 to USD 6.4 billion by 2024, at a CAGR of 6.3% during the forecast period. Ingersoll Rand PLC (Ireland), Johnson Controls (US), TROX GmbH (Germany), Spectrum Industries (India), United Technologies Corporation (US), Honeywell International Inc. (US), Daikin Industries, Ltd. (Japan), Siemens AG (Germany), Systemair AB (Sweden), Barcol-Air (Switzerland) are the major players in the VAV box market.
The modular chillers market is expected to grow from USD 2.6 billion in 2019 to USD 3.5 billion by 2024, at a compound annual growth rate (CAGR) of 6.0%. during the forecast period.Carrier Corporation (US), McQuay Air-Conditioning (Hong Kong), Johnson Controls- Hitachi Air Conditioning (Japan), Midea Group (China), Ingersoll Rand (Ireland), Gree Electric Appliances (China), Frigel Firenze (Italy), Mitsubishi Electric Corporation (Japan), Multistack (US), and Haier Group (China) are a few active players in the modular chillers market.
The cranes rental market is expected to grow from USD 42.1 billion in 2019 to USD 53.1 billion by 2024, at a compound annual growth rate (CAGR) of 4.7% during the forecast period.Companies such as Sarens NV (Belgium), Mammoet (Netherlands), ALL Erection & Crane Rental Corp. (US), Lampson International LLC (US), Action Construction Equipment Ltd. (India), Maxim Crane Works, L.P. (US), ALE (US), Sanghvi Movers Limited (India), and Deep South Crane and Rigging (US) among others, are the major players in the cranes rental market
The electrodeionization market in 2019 is estimated to be USD 827 million and is projected to reach USD 1,124 million by 2024, at a CAGR of 6.3% from 2019 to2024. The key factor driving the growth of the electrodeionization market is the increasing demand for ultrapure water from the power generation, electronics & semiconductor, and pharmaceuticals industries. Suez SA (France), Veolia Environnement S.A. (France), Evoqua Water Technologies LLC (US), Qua Group (US), DowDuPont Inc. (US), Snowpure LLC (US), Mega a.s. (Czech Republic), Ovivo Inc. (Canada), and Pure Aqua Inc. (US),
The MCHE market size is estimated at USD 11.3 billion in 2019 and is projected to reach USD 20.7 billion by 2024, at a CAGR of 13.0%. Growth in global automotive production is the major driving force for MCHE in the automotive industry.Sanhua (China), MAHLE (Germany), Denso Corporation (Japan), Modine (US), Hanon Systems (South Korea), Kangsheng Group (China), Kaltra (Deutschland), Climetal (Spain), Danfoss (Denmark), and API Heat Transfer (US)
The pre-insulated pipes market is projected to grow from USD 6.4 billion in 2019 to USD 10.2 billion by 2024 at a Compound Annual Growth Rate (CAGR) of 9.8% during the forecast period. Stringent regulations and initiatives in the European region, such as EPBD and NZEB to reduce the carbon footprint and construct energy efficient buildings are infusing growth in the pre-insulated pipes market. This is also leading to increasing investments in the replacement of existing less efficient district heating systems in the European region. Some of the leading players in the global pre-insulated pipes market include Georg Fischer AG (Switzerland), Logstor (Denmark), Uponor (Finland), Watts Water Technologies (US), Perma-Pipe International Holdings (US), Kabelwerke Brugg (Switzerland), Polypipe Group PLC (UK), and Isoplus Fernwaermetechnik GmbH (Germany), among various others.
The flexitank market size is estimated at USD 366 million in 2018 and is projected to reach USD 912 million by 2023, at a CAGR of 20.0%. Growth in the global trade of food-grade liquids, non-hazardous chemicals, and pharmaceutical liquids is the major driver for the flexitanks market. Also, its competitive benefits over other traditional substitutes drive the flexitank market. Braid Logistics (Scotland), Bulk Liquid Solutions (India), Environmental Packaging Technologies (US), SIA Flexitanks (Ireland), Trans Ocean Bulk Logistics (US), Qingdao LAF Packaging (China), Hengxin Plastic (China), Qingdao Global Flexitank Logistics (China), Trust Flexitanks (Spain), and Rishi FIBC (India) are the leading players operating in the flexitank market.
The global adsorption equipment market is estimated to be USD 370 million in 2018 and is projected to reach USD 478 million by 2023, at a CAGR of 5.3% during the same period. The demand for adsorption equipment is mainly driven by stringent regulations to control VOC emissions in various end-use industries such as automotive paints, chemical, printing, semiconductor, food & beverage, and pharmaceutical.Durr Aktiengesellschaft (Germany), CECO Environmental (US), Evoqua Water Technologies LLC (US), TIGG LLC (US), Chemisch Thermische Prozesstechnik (CTP) GmbH (Austria), TAIKISHA LIMITED (Japan), Environmental C & C Inc. (US), Gulf Coast Environmental Systems (US)
The medical processing seals market size is estimated at USD 1.4 billion in 2018 and is projected to reach USD 1.8 billion by 2023, at a CAGR of 5.0%. The global medical processing seals industry is witnessing growth because of increasing demand from applications such as medical equipment & devices, technological advancements, and increasing demand in APAC, mainly from India, China, Korea, and the Southeast Asian countries. Also, the growing healthcare sector in the region is expected to increase the demand for medical equipment & devices, thereby benefiting the growth of the medical processing seals market.IDEX Corporation (US), Saint-Gobain S.A. (France), Freudenberg Group (Germany), Trelleborg AB (Sweden), Parker Hannifin Corp (US), Minnesota Rubber and Plastics (US), Marco Rubber & Plastic Products, LLC (US), Morgan Advanced Materials Plc (UK), Bal Seal Engineering, Inc. (US), and Techno AD Ltd (Israel)
The global oil & gas processing seals market is estimated to be USD 5.7 billion in 2018 and is projected to reach USD 6.4 billion by 2023, at a CAGR of 2.5 % during the same period. The increased production of shale gas in developing and developed countries is expected to drive the oil & gas processing seals marketFreudenberg Group (Germany), John Crane (US), Flowserve Corporation (US), Parker Hannifin Corp (US), Solenis (US), Saint-Gobain (France), Trelleborg AB (Sweden), DuPont (US), Precision Polymer Engineering (UK), M. Barnwell Services Limited (UK), and Techno AD Ltd (Israel)
The industrial tubes market size is estimated at USD 478.0 billion in 2018 and is projected to reach USD 632.6 billion by 2023, at a CAGR of 5.8%. Growth in the global petrochemical and chemical industry is the major driver for the industrial tubes market. In addition, the growing energy & power segment is also driving the demand for industrial tubes.Nippon Steel & Sumitomo Metal Corporation (NSSMC) (Japan), Vallourec S.A. (France), Sandvik AB (Sweden), Tenaris (Luxembourg), and Tata Steel (India) are the key players operating in the industrial tubes market.
The sensor bearing market is estimated to grow from USD 5.1 billion in 2018 to USD 6.5 billion by 2023, at a CAGR of 5.2%. The major factors driving the sensor bearing market are increasing demand for sensor bearings from end-use industries, such as automotive and transportation, and the enforcement of stringent regulations related to the mandatory installation of ABS systems in cars in various Asia Pacific and European countries. Major vendors in the sensor bearing market include SKF (Sweden), Schaeffler Technologies AG & Co. KG (Germany), NTN Corporation (Japan), Timken (US), NSK Corporation (Japan), JTEKT Corporation (Japan), ABB Group (Switzerland), Mageba SA (Switzerland), BRTEC (China), ABB Group (Switzerland), Fersa Bearing SA (Spain), and Nachi Europe GmbH (Germany).
The transcritical CO2 systems market is estimated to grow from USD 27.2 billion in 2018 to USD 61.8 billion by 2023, at a CAGR of 17.9%. The major driving factors for the transcritical CO2 systems market are the low environmental impact of transcritical CO2 systems; phasing out of CFC, HCFC, and HFC refrigerants; increasing demand for refrigeration and air-conditioning applications; and low operating costs of transcritical CO2 refrigeration systems.Carrier Commercial Refrigeration (US), Green & Cool World Refrigeration AB (Sweden), Hillphoenix, Inc. (US), Advansor (Denmark), Danfoss (Denmark), BITZER (Germany), Carnot Refrigeration (Canada), SCM Frigo S.p.A. (Italy), Emerson Climate Technologies (US), Baltimore Aircoil Company (US), Henry Technologies, Inc. (US), Systemes LMP, Inc. (Canada), Mayekawa Mfg. Co., Ltd. (Japan), and Panasonic (Japan).
The battery packaging market is projected to grow from USD 20.6 billion in 2018 to USD 36.2 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 12.0% during the forecast period. The growth of the battery packaging market can be attributed to the increased consumption of batteries in the automotive, energy storage, and consumer electronics industries. Nefab Group (Sweden), United Parcel Service Inc. (US), DHL (Germany), Zarges Group (Germany), Heitkamp & Thumann Group (Germany), FedEx (US), Rogers Corporation (US), DS Smith (UK), Smurfit Kappa (Ireland), and Umicore (Belgium) are some of the leading players operating in the battery packaging market.
The friction materials market size is projected to grow from USD 44.65 million in 2018 to USD 57.04 million by 2023, at a CAGR of 5.0%. The market is driven by the rising demand for passenger and commercial vehicles, which leads to the growth of friction materials consumption in auto components.Akebono Brake Industry (Japan), Federal-Mogul Holdings (US), Miba (Austria), Fras-Le (Brazil), Nisshinbo Holdings (Japan), Aisin Seiki (Japan), Valeo Friction Materials India (India), Yantai Hi-Pad Brake Technology (China), and Carlisle Brake & Friction (US), among others.
The magnesium alloys market is estimated at USD 1.30 Billion in 2018 and is projected to reach USD 2.37 Billion by 2023, at a CAGR of 12.7% during the forecast period. The growth of the market can be attributed to the high demand for magnesium alloys from the automotive & transportation, electronics, aerospace & defense, medical, and power tools industries. The market has witnessed significant growth over the last few years, due to the increased demand for magnesium alloys for lightweight automotive parts. Some of the key players operating in the magnesium alloys market include Magnesium Elektron (UK), Nanjing Yunhai Special Metals Co. Ltd. (China), Ka Shui International Holdings Ltd. (China), US Magnesium (US), Meridian Lightweight Technologies (US), Shanghai Regal Magnesium Ltd. Co. (China), and Magontec (Australia). These players have adopted various organic and inorganic strategies over the last five years to achieve growth in the magnesium alloys market.
The sputter coater market is projected to grow from USD 595.8 Million in 2017 to USD 804.2 Million by 2022, at a CAGR of 6.2% between 2017 and 2022. The growth of the sputter coater market can be attributed to the growth of the electronics & semiconductor industry. The rising use of sputter coaters in electronics & semiconductor and medical applications is expected to drive the market during the forecast period. Key companies profiled in the sputter coater market research report are ULVAC (Japan), Quorum Technologies (UK), Bühler (Switzerland), Cressington Scientific Instruments (UK), Hitachi High-Technologies Corporation (Japan), Oxford Instruments (UK), Semicore Equipment (US), PLASSYS Bestek (France), PVD Products (US), and Denton Vacuum (US).
The chemical tankers market is projected to grow from USD 26.63 Billion in 2017 to USD 33.11 Billion by 2022, at a CAGR of 4.5% between 2017 and 2022. Note: Chemical tankers market includes revenues earned through shipping of chemicals and related products. The flourishing chemical industry and increasing capacities of chemical manufacturers are driving the demand for chemical tankers across the globe. The major players operating in the chemical tankers market are Bahri (Saudi Arabia), Stolt-Nielsen (UK), Odfjell (Norway), Navig8 (UK), MOL Chemical Tankers (Singapore), Nordic Tankers (Denmark), Wilmar International (Singapore), MISC Berhad (Malaysia), Team Tankers (Bermuda), and Iino Kaiun Kaisha (Japan).